It worked this way: Through a family connection with the wealthy Cisneros clan of Venezuela, Nemazee obtained a passport from Venezuela but lived there just a few months. That was evidently enough for him to call himself Hispanic. On another occasion, when his status as a minority money manager was challenged in New York, he claimed to be Asian-Indian because his father was born in Bombay.
—————http://www.forbes.com/forbes/1999/0503/6309142a_print.html
Nothing like history and archives.
Thanks piasa.